Eliminating the accumulated deficit through reductions in capital reserves and other reserves
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2020.
- FY2020RestatedAnnual report
「Capital reserve was reduced by ¥1,970 million and transferred to other capital surplus. Pursuant to Article 452 of the Companies Act, other capital surplus of ¥1,970 million was appropriated to cover the deficit in retained earnings carried forward.」
The coverage of the deficit in retained earnings carried forward through the past reduction of capital reserves and other items is reiterated. - FY2019RestatedAnnual report
「Capital reserve was reduced by ¥1,970 million and transferred to other capital surplus. Pursuant to Article 452 of the Companies Act, other capital surplus of ¥1,970 million was appropriated to cover the deficit in retained earnings carried forward.」
The coverage of deficits through the past reduction of capital reserves and other items is reiterated. - FY2018RestatedAnnual report
「Capital reserve was reduced by ¥1,970 million and transferred to other capital surplus. Pursuant to Article 452 of the Companies Act, other capital surplus of ¥1,970 million was appropriated to cover the deficit in retained earnings carried forward.」
The coverage of the deficit in retained earnings carried forward through the past reduction of capital reserves and other items is reiterated. - FY2017RestatedAnnual report
「Capital reserve was reduced by ¥1,970 million and transferred to other capital surplus. Pursuant to Article 452 of the Companies Act, other capital surplus of ¥1,970 million was appropriated to cover the deficit in retained earnings carried forward.」
The coverage of deficits through the past reduction of capital reserves and other items is reiterated in the section on the status of shares and other securities. - FY2016First statedAnnual report
「Capital reserve was reduced by ¥1,970 million and transferred to other capital surplus. Pursuant to Article 452 of the Companies Act, other capital surplus of ¥1,970 million was appropriated to cover the deficit in retained earnings carried forward.」
The treatment of capital surplus and retained earnings carried out on 26 June 2015 is described.